Central Banks
Reform rules or risk ‘coercion and mercantilism’ – Lagarde
ECB president says it is better to revise current international order than to abandon it
Kashkari says research criticism is new threat to Fed independence
Minneapolis Fed chief says comments by NEC director are continuation of pressure on monetary policy
Majority of CBDCs designed to be domestic only
But a fifth of central banks are working on multi-currency CBDCs
Bank Indonesia holds rates again to defend currency
Weak rupiah to delay rate cuts as ratings downgrade weighs on investor appetite, analyst says
Romanian governor targeted by new deepfake
Fake advertisements push financial investments using Mugur Isărescu’s imagery
Brazil’s central bank shuts down lender connected to Banco Master
BCB says bank had “compromised economic and financial situation”
Dallas Fed researcher cautions against expansionary policy
Study of US in the 1970s says oil shocks were not primary driver of inflation
FOMC minutes show sharp division in projections
Some members argue rates may need to be raised while others make case for easing
Central banks report 28 operational bitcoin ATMs on average
Jurisdictions with larger institutions have the most machines
Changing of Lagarde: who might take over at the ECB?
De Cos and Knot among contenders, following reports that president may be stepping down early
Barr: US labour market ‘especially vulnerable to negative shocks’
Fed governor says FOMC likely to continue holding rates for the time being
Emerging economies likely to lag advanced in AI-led growth – study
BIS report highlights divergence in technology’s impact on jobs and countries’ ability to adapt
RBNZ holds rates at 2.25% in new governor’s first meeting
Analysts expect central bank to maintain accommodative policy for some time
Economists warn of emerging ‘sovereign-stablecoin nexus’
Researchers model regulatory options as stablecoins become intertwined with core markets
CBDCs politicised in one in five jurisdictions
Public and private sectors mostly concerned about privacy of digital currencies
More financial integration key for Europe’s resilience, says Nagel
Bundesbank president says eurozone can adapt to new geopolitical reality
Net zero transition could boost productivity – BoE paper
Impact of carbon tax depends partly on spillovers from green technology, economists say
ECB analysts call for European supervision of asset managers
Largest groups’ balance sheets and cross-border activity merit closer look, blog argues
Basel Committee warns of rollover risks in SRT markets
Investors’ appetite for synthetic risk transfers could lessen during downturns, organisation says
Russia has limited room for manoeuvre on policy – experts
Rate cut reflects nervousness rather than confidence about inflation and growth trajectory, say analysts